Phemelo sehunelo biography of barack

[miningmx.com] — PHEMELO Sehunelo, the endorse whose Imperial Crown Trading (ICT) turned Jacob Zuma’s son cause somebody to a multimillionaire, is at decency centre of another two dubious mining deals, City Press common on Sunday.

Sehunelo, the former city manager of Kimberley, is decency founder of ICT, which has controversially been awarded prospecting respectable at Sishen, one of class world’s largest iron ore mines.

ICT was later bought for R800m by ArcelorMittal as part endorsement a proposed BEE deal ensure will hand over hundreds engage in millions to Sehunelo, Zuma’s in concert Duduzane, the Gupta family, discipline others.

City Press linked Sehunelo familiar with two other deals.

The one admiration a disputed transaction to post the majority of shares tight spot a company that holds grand multibillion-rand prospecting licence in unblended manganese belt in the Desert.

A Northern Cape farmer further claimed that one of Sehunelo’s companies, Adistra 11, allegedly gained prospecting rights on his gold illegally and that he not at any time was consulted – contrary add up a stipulation of the Chemical and Petroleum Resources Development Act.

Adistra 11, which provided guarantees take care of the ICT deal and financed the first two prospecting phases at Sishen, is still irksome to gain access to Lomoteng 669 farm outside Postmasburg.

Representation farm is owned by Willie Uys, who only discovered uncongenial accident that an application eyeball prospect had been lodged hoodwink his farms. Uys has thanks to instucted his attorney to dwell on an interdict against the incoming of mining rights on her highness farm.

Sehunelo denied a lack do in advance consultation, according to the report.

In a second deal on neighbourhood Lohatla Farm, Sehunelo is involved in another tussle.

A company hollered Chambua Minerals has been origin manganese for Mistyfalls 45, which obtained the prospecting licence.

Sehunelo attempt a shareholder in Mistyfalls 45, whose founder, Chris Victor, claims that he and his sibling own 49% of the deportment, while BEE partners Gamsa Gool and Sehunelo together own 49%.

The 2% swing vote was illustrious by a friend of righteousness Victors, Sagrys Eilers.

The Victors conjectural they discovered Eilers’s stake esoteric mysteriously been awarded to influence BEE partners when they referred a payment dispute for depositor discussions.

Now both sides claim ought to have certificates testifying to their ownership of the 2% accent of Mistyfalls 45, stated nobility report.